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Agribusiness Report: June 24

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DES MOINES, Iowa — Traders expect crop conditions to drop slightly for both corn and beans. They’re expecting a two-point reduction in the “good-to-excellent” category because of heavy rainfall this past week.

The Colfax Sheep and Goat Auction Saturday had 495 head, a few more than last week’s auction. Feeder lambs went for $1.69 per pound, while goat prices ranged from $80 to $145 per head.

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